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IN RE KVN CORP., INC.

BAP No. NC-13-1318-JuKuD. Bankruptcy No.13-10477.

514 B.R. 1 (2014)

In re KVN CORPORATION, INC., Debtor. Linda S. Green, Chapter 7 Trustee, Appellant.

United States Bankruptcy Appellate Panel of the Ninth Circuit.

Filed July 29, 2014.

Attorney(s) appearing for the Case

Jean Barnier, Esq. , on brief, Sonoma, CA, for appellant Linda S. Green.

Before: JURY, KURTZ, and DUNN, Bankruptcy Judges.

OPINION

JURY, Bankruptcy Judge.

Linda S. Green, chapter 71 trustee (Trustee) in the bankruptcy estate of KVN Corporation, Inc. (KVN or debtor), filed a motion seeking approval of a stipulation between Trustee and Wilshire State Bank (Bank) which contemplated a sale of the Bank's fully encumbered property in exchange for a carve out from the lien proceeds paid to the bankruptcy estate. The bankruptcy court denied the motion and...

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